Federal Reserve official Bostic: Expect nominal neutral interest rate to be between 3% and 3.5%

Odaily News Federal Reserve official Bostic said that the nominal neutral interest rate is expected to be between 3% and 3.5%, and the time required to reach the neutral interest rate depends on the economic development. We are prepared to wait for a period of time before cutting interest rates. At present, uncertainty is increasing, and we hope to remain cautious and avoid having to adjust policies after they tilt in a certain direction.